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Europe
2:00 am
Thu November 3, 2011

Cannes Plays Host To An Economic Crisis

German Chancellor Angela Merkel talks to French President Nicolas Sarkozy on the eve of the G-20 summit in Cannes, France, on Wednesday. The European economic crisis is taking center stage at the summit.
Lionel Bonaventure AFP/Getty Images

Originally published on Thu November 3, 2011 6:11 am

The setting for this year's G-20 summit meeting is the Riviera Convention Center that hosts the Cannes Film Festival. President Obama will be walking the red carpet, but it's the European leaders who are stars of this show.

The Europeans are facing pressure to erect a financial "firewall" that will prevent the debt problems now plaguing Greece from spreading to the rest of the Continent and beyond.

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Economy
1:52 am
Thu November 3, 2011

How Technology Is Eliminating Higher-Skill Jobs

Harvard Business School's Jayanth Iyengar (far left), Jonas Peter Akins and Genevieve Sheenan held their own, but eventually lost to IBM's Watson in a game of Jeopardy at a conference on jobs and technology.
Chris Arnold NPR

Originally published on Thu November 3, 2011 8:43 am

The U.S. economy hit an important milestone last week: Gross domestic product, the sum of all goods and services produced in the country, returned to pre-recession levels. But the gains were made with millions fewer workers. Part of the reason is technology, as computers and machines continue to replace humans.

We used to think about machines taking over mundane jobs, like twisting a screw into a toaster on an assembly line over and over again. But more recently, technology is eliminating higher-skill jobs.

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Around the Nation
1:00 am
Thu November 3, 2011

Protesters Clash With Police In Oakland

About 3,000 people gathered at the Port of Oakland Wednesday, and effectively shut it down. People flooded the port area and blocked exits. The protest remained largely peaceful until the late evening, when police responded to a bonfire.

Economy
1:00 am
Thu November 3, 2011

Harvard Economics Students Protest Perceived Bias

Originally published on Thu November 3, 2011 10:22 am

Transcript

STEVE INSKEEP, HOST:

Students at Harvard, yesterday, joined protests against income inequality.

UNIDENTIFIED WOMAN: Over the past 30 years...

GROUP: Over the past 30 years...

UNIDENTIFIED WOMAN: ...income inequality has risen...

GROUP: ...income inequality has risen...

UNIDENTIFIED WOMAN: ...to unacceptable levels.

GROUP: ...to unacceptable levels.

INSKEEP: Some students walked out of Economics 10 taught by a former advisor to President George W. Bush. The protestors included freshman Amanda Bradley.

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World
1:00 am
Thu November 3, 2011

Infamous Arms Dealer Faces Life In Prison

Russian arms dealer Viktor Bout was found guilty of conspiring to sell weapons to South American terrorists Wednesday. Host Renee Montagne talks to Michael Sullivan about the conviction of the so-called "Merchant of Death."

Politics
1:00 am
Thu November 3, 2011

N.C. School Board Race Makes National Waves

Originally published on Tue November 8, 2011 6:01 am

Transcript

RENEE MONTAGNE, HOST:

We're going to hear now about a very small race that's making big political waves. The race is for the school board of Wake County, North Carolina. It comes after a policy using family income to create economic diversity in the schools was tossed out by a Republican school board in 2009. This Tuesday, a runoff election for one seat on the board may put the Democrats back in the majority. Dave DeWitt of North Carolina Public Radio reports the school board race is attracting national attention and big money.

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Around the Nation
1:00 am
Thu November 3, 2011

New York Town Takes Up Fracking Issue

Some towns in New York are rushing to ban horizontal hydrofracking, a controversial technique for capturing natural gas trapped deep under ground. The state itself has yet to approve fracking, but Dryden, N.Y., isn't taking any chances. Town supervisors approved a ban based on local zoning. David Chanatry of the New York Reporting Project at Utica College reports, the Dryden's ban is the issue in next week's town board elections.

Business
1:00 am
Thu November 3, 2011

Business News

Originally published on Thu November 3, 2011 4:54 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news begins with a bleaker forecast from the Fed. Just when we were beginning to hear some more positive economic news, the Federal Reserve reminds us not to get too excited. It's predicting slower growth and less improvement in the unemployment rate through 2013 than previously expected. This news comes after a two-day meeting of the Fed's policy-making committee, in which it decided against taking new measures to stimulate the economy for now.

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Business
1:00 am
Thu November 3, 2011

Troubled First Solar, Inc. To Announce Earnings

Originally published on Thu November 3, 2011 4:54 am

Transcript

RENEE MONTAGNE, HOST:

First Solar, viewed as the golden child of the solar industry, hold its quarterly call today with nervous investors. They're on edge because the Arizona-based company announced a CEO shake-up late last month and have said almost nothing publically since then. From member station KJZZ in Phoenix, Peter O'Dowd reports.

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Business
1:00 am
Thu November 3, 2011

Last Word

America's original discount store has filed for federal bankruptcy protection and plans to close its 46 stores. This isn't the first time the company has filed for bankruptcy, but it appears to be its last. The company cited increased competition from department stores, private-label discounters and the economic downturn.

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